How to get back at Trump: MAKE BITCOIN ILLEGAL!!! Bitcoin has no legitimate use. It is only used to enable crime (ransomware, Internet con games, paying for child porn, moving drug money, etc. etc.). It's no wonder that Trump the crime lord loves Bitcoin!
China tried this and failed, it’s called uncensorable money for a reason, the only way to stop it would be to ban electricity, indefinitely. Understanding this is the first step in understanding bitcoin.
China didn't really try if it failed. Its deep surveillance of the Internet could instantly stop it. And the real key is eliminating every possible way of making electronic swaps for fiat currency. Just like credit cards block purchases of illegal stuff.
Converse with your favorite LLM on the subject. You’d need to ban the internet.
I helped Al Gore invent the Internet. It was invented to allow the government to communicate during a nuclear war. It was never intended to be anything it is now. But no, the Internet wouldn't need to be banned. Only censored. Like China. The dark web exists because crime is tolerated.
Funny, I helped invent the internet too, Bell Labs. Read up on TOR, Peer to Peer… Every govt would need to unite in a “ban”. Good luck.